Technical Commentary:- In weekly Chart :- Gold came back After testing lower equidistant channel line and its closed on higher side as bullish candle and its was closed above the key resistance levels so its confirming for the buying side therefore we can buy near support levels :- which we have shown in attached image.
In Daily Chart :- Yesterday Gold was closed on higher side as bullish candle and closed above the key resistance 1080 levels of horizontal line so further we can except on buying side from intraday support levels :- which we have shown in attached image.
In 4 hour chart :- Gold was trading above the resistance level and its moving with new lower trend line so we can buy near new lower trend line and except upto next key resistance levels :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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